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Stocks Drop on Energy Selloff Amid Virus Jitters: Markets Wrap

by Nenita M. Eller | Jul 31, 2020 | Tech News

(Bloomberg) — U.S. stocks fell amid a selloff in giant oil producers and concern that a resurgence of coronavirus cases would curb an economic recovery. The dollar rose. Energy shares led declines in the S&P 500 as Exxon Mobil Corp. and Chevron Corp. had...

Tech Leads Stock Rebound From Lows Amid Earnings: Markets Wrap

by Nenita M. Eller | Jul 31, 2020 | Tech News

(Bloomberg) — A rally in big technology companies lifted stocks from Thursday’s lows, tempering concern over a bumpy economic rebound. Apple Inc., Amazon.com Inc., Alphabet Inc. and Facebook Inc. jumped in extended trading as results crushed Wall Street...

Tech Lifts U.S. Stock Futures; Dollar Extends Drop: Markets Wrap

by Nenita M. Eller | Jul 31, 2020 | Tech News

(Bloomberg) — U.S. equity futures climbed after stellar earnings from technology giants, while the dollar extended this month’s slide amid renewed concern about the strength of the American recovery. Asian shares retreated. S&P 500 and Nasdaq contracts...

Stocks Slump on Economy Before Big Tech Earnings: Markets Wrap

by Nenita M. Eller | Jul 30, 2020 | Tech News

(Bloomberg) — U.S. stocks slumped and Treasuries climbed after economic data added to concern over a slow and uneven recovery amid a resurgence of coronavirus cases around the globe. A third day of falling bond yields sent financial shares to their worst decline...

Stocks Rise While Tech Rally Falters; Oil Gains: Markets Wrap

by Nenita M. Eller | Jul 21, 2020 | Tech News

(Bloomberg) — U.S. stocks rose for a third day, though the surge in megacap tech shares wobbled, as Congress negotiated a fresh relief package and European leaders agreed on a landmark recovery plan. Oil jumped. The S&P 500 added to its highest level since...
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